Jinko Power: controlling shareholder extends share pledge period

Jinko Power Technology Co., Ltd. announced on September 23, 2025, that its controlling shareholder, Jinko New Energy Group Co., Ltd. (Jinko Group), has extended the pledge period for 84,500,000 shares. These shares were originally pledged to Guotai Haitong Securities Co., Ltd. and the new expiration date is June 19, 2026, extended from September 19, 2025. This extended portion represents 9.90% of Jinko Group's total holdings and 2.37% of Jinko Power's total share capital.

Following this extension, Jinko Group's total pledged shares remain unchanged at 511,255,347 shares, representing 59.91% of its holdings and 14.32% of Jinko Power's total share capital. The company clarified that these pledged shares will not be used for performance compensation in major asset reorganizations or other guarantees.

Jinko Group, holding 853,400,000 shares (23.90% of Jinko Power's total share capital), confirmed its financial solvency with upcoming pledged shares amounting to 1.63bn yuan due within the next six months and 1bn yuan due in the following six months. The group expects to meet these obligations through operational income and investment returns. This extension will not alter the company's control or operations.